The Dangote Petroleum Refinery is poised to supply fuel to approximately 150,000 retail outlets affiliated with the Independent Petroleum Marketers Association of Nigeria (IPMAN).
The decision follows a successful meeting between the refinery’s management and top executives from IPMAN that agreed to bolster the nation’s energy supply chain.
Key industry players, including major oil marketers such as 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc, OVH Energy Marketing Limited, Total Nigeria Plc, and NNPC Retail, have already enrolled for product distribution from the state-of-the-art Dangote facility, which commenced the production of diesel and aviation fuel on January 12, 2024.
While regulatory assessments are underway before the final nod for fuel dispensing, IPMAN’s president expressed optimism about the positive impact this collaboration would have on the country.
“The meeting went well, so right now we are just expecting their reply in terms of the products that they are going to give us. They have agreed to dispense products to IPMAN members,” commented IPMAN’s president, reassuring that the Dangote Refinery, one of the largest in the world, is well-equipped to meet the nation’s consumption needs.
With the refinery’s promise to address fuel scarcity and bring products to market, IPMAN anticipates a transformative impact on Nigeria’s fuel distribution landscape, providing a potential solution to prevailing challenges in the sector.